CISI CMP Securities case studies
CISI CMP Securities · Put your knowledge to work in context.
The CISI Certificate in Securities - often searched as "CMP Securities" or the CISI Level 3 Certificate in Securities - is a professional qualification offered by the Chartered Institute for Securities & Investment, a UK-based professional body whose site describes it as a "Financial Services Professional Body" with "over 54,000 CISI members worldwide". It is aimed at people working in, or moving into, securities and investment roles: front-office sales and trading support staff, investment administrators, operations and settlements personnel, compliance and risk staff who need product and market knowledge, and graduates entering wholesale financial services. The CISI CMP Securities case studies are 5 cases and about 3,303 words.
1Allocation and stabilisation in an oversubscribed IPO
Kestrel Diagnostics plc is raising £192m by offering 60m new shares at 320p on the London Main Market. The offer is four times covered.
705 words, about 4 min2A site visit, a competitor and a friend
Ravi is a portfolio manager at a UK discretionary fund manager. He visits the Arden Chemicals plant as part of research.
660 words, about 3 min3Calling a convertible: convert, sell or redeem?
A private client holds £5,000,000 nominal of a 4.50% convertible bond issued by Halden Group. The bond is convertible into ordinary shares at £8.00 per share and is repayable at par on 30 September 2029.
671 words, about 3 min4A retiree's concentrated income plan
Mrs Iqbal is 67 and widowed. She has a £620,000 portfolio: £300,000 in cash ISAs, £200,000 in a global equity fund and £120,000 in a UK gilt fund.
676 words, about 3 min5A failed delivery, a dividend and a buy-in
On 24 June, a UK broker buys 250,000 shares in Torsa Energy plc at 145p for a client. The trade is due to settle on 26 June (T+2) in CREST.
591 words, about 3 min